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Maksim231197 [3]
3 years ago
5

Marigold Manufacturers Inc. is a firm that produces and sells home appliances. Marigold Manufacturers Inc. acquires a women's ap

parel manufacturing firm and plans to manufacture and sell women's fashion apparel. This is an example of a(n) _____ strategy.
Business
1 answer:
Ronch [10]3 years ago
3 0

Answer:

unrelated diversification

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this is an example of unrelated diversification. This is a type of diversification in which a business adds completely new and unrelated product lines to their business and enter new markets. Which is what Marigold Manufacturers Inc is doing since they sell home appliances and decided to enter into the market of women's fashion apparel.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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